RNS Number : 6168D
Minerva PLC
04 December 2009
Minerva PLC
Results of Annual General Meeting 4 December 2009
At the Minerva plc Annual General Meeting held on 4 December 2009 the following resolutions were passed on a show of hands. Proxies were received by the Company from Shareholders in advance of the meeting as follows:
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RESOLUTION DESCRIPTION
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FOR
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AGAINST
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WITHHELD
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Ordinary resolutions
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2
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Approve the Remuneration Report
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28,865,707
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171,055
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34,772
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4
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Re-elect Ivan Ezekiel as a director
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28,963,690
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57,844
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50,000
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5
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Reappoint PricewaterhouseCoopers LLP as auditors
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28,945,459
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120,595
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5,480
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Special resolution
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9
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Enable Company to call a general meeting on 14 clear days' notice
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20,600,145
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8,421,389
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50,000
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Note:
1. Where Shareholders have appointed the Chairman of the meeting as their proxy with discretion as to voting, those
votes have been included in the figures as if cast in favour of all resolutions.
KiFin Limited, which owns over 29.9% of the Company's shares, called a poll on the resolutions described below and, save for resolution 1 which was passed, those resolutions were defeated on a poll vote. Over 99.3% of independent shareholders who voted on the resolutions (i.e. excluding KiFin Limited and its associates) voted in favour of each of the defeated resolutions.
The board of the Company is meeting to discuss the appropriate course of action in light of the vote on resolution 3 and a further announcement will be made shortly.
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RESOLUTION DESCRIPTION
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FOR
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AGAINST
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Ordinary resolutions
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1
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Adopt Report and Accounts
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28,964,817
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112,837
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3
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Re-elect Oliver Whitehead as a director
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28,994,273
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48,297,355
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6
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Authorise directors to allot securities
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28,910,075
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48,410,853
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Special resolutions
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7
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Disapply section 561(1) pre-emption rights
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28,865,488
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48,434,888
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8
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Authorise company to purchase its own shares
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28,895,490
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48,409,655
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Enquiries:
Greenhill & Co. International LLP 020 7198 7400
James Lupton
Brian Cassin
Citigroup Global Markets 020 7986 4000
Andrew Forrester
Brunswick Group 020 7404 5959
Simon Sporborg
Tom Williams
This information is provided by RNS
The company news service from the London Stock Exchange
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